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Charlotte Metro

Charlotte, NC · Charter 60154

Q3 2008

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2008, the quarter ended September 30, 2008, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Charlotte Metro

Charlotte, NC · Charter 60154

Q3 2008

$177.5MAssets
$130.0MLoans
$154.8MShares
$17.5MNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of 1.14%, down 47 bps year over year; NIM at 2.52%.
  • Asset quality: problem loans at 0.33% of loans (+12 bps YoY).
  • Capital: net worth / assets of 9.86%, down 48 bps from a year ago.
  • Funding: loans stand at 83.97% of shares as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

1.14%-47 bps YoY

Net Interest Margin (YTD, annualized)

2.52%-43 bps YoY

Efficiency Ratio (YTD, annualized)

75.04%+84 bps YoY

Net Worth / Assets

9.86%-48 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets1.60%1.49%0.77%1.20%1.14%-47 bps
Return on Equity15.49%14.20%8.04%12.37%11.52%-397 bps
Net Interest Margin2.95%2.94%2.51%2.50%2.52%-43 bps
Efficiency Ratio74.20%75.46%80.55%76.41%75.04%+84 bps
Growth
Asset Growth (YoY)11.57%12.68%18.36%20.36%18.21%+664 bps
Loan Growth (YoY)6.71%9.70%16.25%18.63%18.29%+1,158 bps
Share Growth (YoY)10.88%12.27%18.85%21.43%17.16%+628 bps
Asset Quality
Delinquent Loans / Loans0.21%0.18%0.26%0.31%0.33%+12 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans0.71%0.68%0.65%0.50%0.55%-15 bps
Capital
Risk-Based Capital10.34%10.53%9.63%9.69%9.86%-48 bps
Net Worth / Assets10.34%10.53%9.63%9.69%9.86%-48 bps
Liquidity & Funding
Loans / Shares83.17%83.61%77.94%79.11%83.97%+80 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps